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Bentley Systems, Incorporated BSY Services — Total revenues

Other product segments

Enterprise subscriptions
$169.2M+11.6%
Enterprise 365 subscriptions
$168.73M+12.4%
Term license subscriptions
$143.15M+25.0%
SELECT subscriptions
$66.28M-1.5%
Other
$18.53M+15.9%
Perpetual licenses
$9.71M-4.8%
Recurring
$3.85M-13.7%

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$4.64M+9.2%

Other financials

Income statement

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Revenue$410.7M+12.8%
Gross profit$336.7M+14.0%
Operating income$88.6M+4.9%
Net income$78.6M+11.5%
EPS (diluted)$0.25+13.6%

Balance sheet

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Cash & equivalents$147.0M+64.0%
Total debt$1.3B-1.2%
Total equity$1.2B+3.4%
Total assets$3.6B+4.7%

Cash flow

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Operating cash flow$71.5M+17.1%
CapEx$7.7M+88.6%
Free cash flow$63.8M+11.9%

Valuation

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Market cap$10.95B-34.6%
Enterprise value$12.07B-32.7%
P/E37.8×-28.1×
P/S6.8×-5.0×

Profitability

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Gross margin81.8%+0.7pp
Operating margin23.6%+0.4pp
Net margin18.1%+0.2pp
FCF margin31.1%+0.6pp

Returns & leverage

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Return on equity24.5%—
Debt / equity1.1×0.0×
Current ratio0.6×+0.1×

Where this comes from

Reported directly by Bentley Systems, Incorporated in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The source filing: Bentley Systems, Incorporated’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:12 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001031308-26-000023
Line itemThree Months Ended / June 30, 2026Three Months Ended / June 30, 2025Six Months Ended / June 30, 2026Six Months Ended / June 30, 2025
Subscriptions$378,635$333,452$771,119$675,770
Perpetual licenses9,70710,19318,76420,985
Subscriptions and licenses388,342343,645789,883696,755
Services22,38520,46145,02537,893
Total revenues410,727364,106834,908734,648
Cost of revenues:
Cost of subscriptions and licenses54,02747,758107,12594,256
Cost of services19,96021,01840,63640,179

Item 1. Unaudited Consolidated Financial Statements

FAQ

What is Bentley Systems, Incorporated's services — total revenues?
Bentley Systems, Incorporated (BSY) reported services — total revenues of $22.39M in Q2 2026.
How has Bentley Systems, Incorporated's services — total revenues changed year-over-year?
Bentley Systems, Incorporated's services — total revenues increased by 9.4% year-over-year, from $20.46M to $22.39M.
What is the long-term trend for Bentley Systems, Incorporated's services — total revenues?
Over 4 years (2021 to 2025), Bentley Systems, Incorporated's services — total revenues has grown at a -5.6% compound annual growth rate (CAGR), from $99.16M to $78.9M.
What does services — total revenues mean?
This metric represents the total gross income generated specifically from the professional services segment of the business. It encompasses revenue streams derived from consulting, implementation, training, and custom development services provided to infrastructure engineering clients. This figure reflects the segment's market demand and its contribution to the company's overall top-line performance.

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